TechNavio recognizes the following companies as the key players in the MES Market in North America: GE Co., Invensys plc, and Rockwell Automation Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Web-based MES provides complete real-time information from production plants, which increases the visibility of the production process. A web-based MES integrates with various production plants at the shop floor level and shares the information gathered through a common database. Thus, it helps improve the decision-making system and reduces the overall total cost of ownership. Therefore, the cost effectiveness of this solution is expected to enhance the demand for web-based MESs in many cost-sensitive industries.”
According to the report, one of the major drivers is the need for better control and visibility. An MES provides better control and visibility of an entire production plant, which attracts manufacturing companies to adopt MES solutions.
Further, the report states that a major challenge in the market is the high initial investment. Organizations across process industries worldwide find it difficult to shift from their legacy system to the latest technology due to the high cost of MES solutions. MES requires huge investment not only for its installation, but also for regular upgrades and integration and support.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/mes-market-north-america-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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